Lundin has no plan to amend Nevsun offer

MINEX Forum | September 10, 2018
img0 Canadian firm Lundin Mining has announced that it would not amend its bid for all of the issued and outstanding shares of fellow Canadian miner Nevsun Resources. This comes after Nevsun earlier this week agreed to a friendly C$1.86-billion takeover by Zijin Mining, trumping Lundin’s hostile C$1.4-billion takeover bid of July 26. Lundin’s bid expires ...

Friendly All-Cash Agreement for Nevsun to be Acquired by Zijin Mining for US$1.41 billion

MINEX Forum | September 5, 2018
img0 Consideration of C$6.00 per share represents 57% premium to unaffected Nevsun share price Board of Directors unanimously recommends Nevsun shareholders ACCEPT the Offer Vancouver, BC, / Fujian, China — Nevsun Resources Ltd. (TSX:NSU) (NYSE AMERICAN: NSU) (“Nevsun” or the “Company”) and Zijin Mining Group Co.Ltd. (SH:601899, SEHK:2899) (“Zijin”) today announced that the parties have entered into a definitive agreement pursuant ...